Clearfield (CLFD) Expected to Announce Earnings on Thursday

Clearfield (NASDAQ:CLFD - Get Free Report) is expected to issue its Q2 2025 quarterly earnings data after the market closes on Thursday, May 8th. Analysts expect the company to announce earnings of ($0.19) per share and revenue of $38.53 million for the quarter. Clearfield has set its Q2 2025 guidance at -0.200--0.160 EPS and its FY 2025 guidance at EPS.

Clearfield (NASDAQ:CLFD - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The communications equipment provider reported ($0.13) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.26) by $0.13. Clearfield had a negative net margin of 5.41% and a negative return on equity of 3.31%. On average, analysts expect Clearfield to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Clearfield Trading Up 0.1 %

Shares of NASDAQ CLFD traded up $0.02 during midday trading on Tuesday, reaching $29.25. 66,320 shares of the stock were exchanged, compared to its average volume of 127,248. The company has a 50 day simple moving average of $29.03 and a 200 day simple moving average of $32.26. The stock has a market capitalization of $413.36 million, a P/E ratio of -46.43 and a beta of 1.51. The company has a debt-to-equity ratio of 0.01, a quick ratio of 7.41 and a current ratio of 10.57. Clearfield has a twelve month low of $23.78 and a twelve month high of $44.83.

Insider Activity at Clearfield

In related news, COO John P. Hill sold 16,539 shares of Clearfield stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $33.26, for a total value of $550,087.14. Following the completion of the sale, the chief operating officer now owns 189,886 shares in the company, valued at approximately $6,315,608.36. This trade represents a 8.01 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 17.80% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. StockNews.com upgraded shares of Clearfield from a "sell" rating to a "hold" rating in a report on Monday, February 10th. Needham & Company LLC restated a "buy" rating and set a $50.00 price target on shares of Clearfield in a report on Wednesday, March 26th. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Clearfield has an average rating of "Moderate Buy" and a consensus target price of $46.75.

Clearfield Company Profile

Clearfield, Inc manufactures and sells various fiber connectivity products in the United States and internationally. The company offers FieldSmart, a series of panels, cabinets, wall boxes, and other enclosures; WaveSmart, an optical components integrated for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation for integration within its fiber management platform; and active cabinet products.